United Airlines narrows loss, plans to ramp up flying to meet strong travel demand - CNBC
Jul 20, 2021 39 secs

United's revenue of $5.47 billion for the three months ended June 30, was down by more than 50% from the same quarter of 2019 but up nearly 70% from the first quarter of the year as U.S.

In the first three months of 2021, United had a loss of nearly $1.4 billion and a loss of $1.63 billion in the second quarter of 2020.

Here's how United performed in the second quarter compared with what Wall Street expected, based on average estimates compiled by Refinitiv:.

The airline said it ended the second quarter with about $23 billion in available liquidity.

Adjusting for one-time items, United posted a per-share loss of $3.91, in line with analysts' estimates.

United said it paid an average of $1.97 a gallon for jet fuel in the second quarter, up nearly 67% from a year ago.


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